Author: asiantrader

HYATT HOTELS CORP. reported a 5 percent year-over-year RevPAR increase in the fourth quarter and 4.6 percent for 2024. The company added 81 hotels with 20,721 rooms in the fourth... Read More

PRESIDENT DONALD TRUMP and Prime Minister Narendra Modi set a target to double bilateral trade to $500 billion by 2030 during their recent White House meeting. Modi was the fourth... Read More

CROWNE PLAZA HOTELS & Resorts, part of IHG Hotels & Resorts’ portfolio, recently rolled out its “New Modern” design across U.S. properties with zones for productivity, restoration and collaboration. The... Read More

U.S. HOSPITALITY BUSINESSES reported a 108.2 percent year-over-year health metric for the fourth quarter of 2024, the highest in four quarters, according to the Hospitality Group and Business Performance Index... Read More

Amanda Hite, STR president, recently won the 2025 Shatterproof Hospitality Hero Award at the Americas Lodging Investment Summit in Los Angeles for her efforts to raise awareness of substance use... Read More

HOSPITALITY TECHNOLOGY FIRM OYO aims to invest $10 million to enhance G6 Hospitality’s digital assets, including its website and app, targeting a quadruple increase in apps before summer. The company... Read More

MARRIOTT INTERNATIONAL REPORTED five percent global RevPAR growth in the fourth quarter of 2024, with a four percent increase in the U.S. and Canada and 7.2 percent in international markets.... Read More

Geetika Rana is now AAHOA’s executive vice president of membership and events, while Dennis Smith is the new executive vice president of business development. Rana, with AAHOA since 2012, and... Read More

PEACHTREE GROUP DEPLOYED $1.6 billion in credit transactions in 2024, up 54 percent from 2023. Hospitality and multifamily led with $876 million and $392.3 million, while $297.4 million went to... Read More